7711 Gateway LnConcord, NC 28027

For Sale
$1,350,000
Prime Concord location, high traffic, C2 zoning.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 1.26-acre commercial land parcel presents a unique investment opportunity in Concord, North Carolina. Strategically located on Gateway Ln NW, this property boasts high visibility along Bruton Smith Boulevard, experiencing over 40,000 vehicles per day. Its C2 commercial zoning allows for a multitude of development possibilities. The site benefits from its proximity to major attractions, including the Charlotte Motor Speedway, generating 1.5 million annual spectators and a $450 million annual economic impact. Concord Mills Mall, North Carolina's largest shopping destination with 1.4 million square feet and 18 million annual visits, is also nearby. Excellent access to the greater Charlotte MSA is provided via I-85, carrying over 116,000 vehicles daily. The surrounding area demonstrates strong demographic appeal, with a 3-mile population exceeding 45,000 and an average household income of $112,000, further enhanced by a projected 2.49% annual population growth. Numerous hotels, including Embassy Suites, Courtyard, Residence Inn, Homewood Suites, Great Wolf Lodge, Hilton Garden Inn, and others, are conveniently located nearby. This large parcel offers significant flexibility for various commercial uses, making it an ideal investment for developers seeking a high-traffic, high-growth location. The asking price is $1,350,000, and the property is offered fee simple.

Highlights

  • High-profile Bruton Smith Boulevard frontage with 40,000+ vehicles daily.
  • Minutes from Charlotte Motor Speedway (1.5M annual spectators, $450M annual economic impact).
  • Near Concord Mills Mall (1.4M sq ft, 18M annual visitors; North Carolina's largest mall).
  • Easy I-85 access (116,000+ vehicles daily) to the Greater Charlotte MSA.
  • Attractive demographics: 45,000+ population within 3 miles, $112,000+ average household income, and projected 2.49% annual population growth.
  • Proximity to multiple hotels including Embassy Suites, Courtyard, Residence Inn, Homewood Suites, Great Wolf Lodge, and Hilton Garden Inn.

Property Details for 7711 Gateway Ln

Property type
Land
Lot Size (sq. ft)
54,886 SF

Location Insight

City
Concord
County
Cabarrus
State
North Carolina
Latitude
35.365427072559
Longitude
-80.708432831986
7711 Gateway Ln, Concord, North Carolina

FAQs

What type of property is this?
Land - Prime Concord location, high traffic, C2 zoning.
Where is the land located?
The property is located at 7711 Gateway Ln Concord, NC.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High-profile Bruton Smith Boulevard frontage with 40,000+ vehicles daily.; Minutes from Charlotte Motor Speedway (1.5M annual spectators, $450M annual economic impact).; Near Concord Mills Mall (1.4M sq ft, 18M annual visitors; North Carolina's largest mall).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7711 Gateway Ln
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